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    Thread: What is disaster and why it damage the economy of that country

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    1. #1
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      Default What is disaster and why it damage the economy of that country

      Hi friends hope you all are fine According to my opinion Whenever a disaster or tragedies occur in a particular country, the investors in that country's stock markets start withdrawing their capital. Due to this they sell their shares they purchased quite some time back. Selling of stocks make the country's Stock indices to fall down rapidly. Due to this selling and withdrawing of funds, the value of the currency they are buying back by selling shares rises quickly. That is what happens initially just after the disaster.

      On the international level, just after 2 or 3 days of the disaster, Big banks and organizations decide that the disaster destroyed a particular country strongly and needs some recovery. Due to this statement, people all around the world start selling that currency and it becomes weaker and weaker lately.Best wishes. Thanx to all of you


    2. The following 3 users say Thank You to Hanif318 for this useful post.

      blessing76 (10-02-2019), Fahadbhatti (10-27-2019), Qaisar789 (08-08-2019)

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      The Windows update error 0x80248007 means that there are either missing files in the Windows Update, or Windows Update canít locate the Microsoft Software License Terms.
      Users will generally come across this error when they are trying to update their Windows 10 in HP devices. As most of the users come under the grip of this problem, it is advised well in advance to fix Windows update error 0x80248007 in HP device


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      Hi friends
      Hope you are doing well and enjoyed the weekend.
      Natural calamities and natural disasters always bring peoples close to each other. They definitely are dangerous and brings destruction and even losses of life are evident but the natural disasters unite people to fight that calamity. A hurricane that leave behind flooded homes n streets, destruction and death, also leaves behind opportunities for new jobs, a place where people can rebuild their own life with a new ideology, people can redesign their old houses 🏘, better than previous ones, increases job vacancies where laborers and engineers can earn more, businessmen and shopkeepers can sell their products. This boost a country's economy. During initial time stocks of that country may fall down 👇 and loose their value but, with good management and better planning growth is inevitable.


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